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> Employees are hired in order to create value for the company. Employees get jobs in order to get paid in exchange for that contributed value. Lots of tech em
by mydogcanpurr 3y ago
> Employees are hired in order to create value for the company. Employees get jobs in order to get paid in exchange for that contributed value.
Lots of tech employees get hired to grow their director's/VP's little fiefdom within a company. Higher interest rates hopefully will reduce this, but it's still prevalent at large tech companies.
> It's not political. It's the Law of Supply & Demand.
I wonder what Adam Smith had to say about market inefficiencies caused by regulatory capture, rent-seeking, and collusion. I'm sure the market will magically fix these inefficiencies without outside regulation.
> Employer and employee cooperate for mutual benefit.
Really? Employers sure do cooperate with each other against employees [1]. I don't want to cooperate with an entity that views me as an adversary.
[1] https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
- WalterBright 3y ago> Employers sure do cooperate with each other against employees As with all cartels, the employers above the table were cooperating with the cartel, and under the table were poaching. > I don't want to cooperate with an entity that views me as an adversary. I wouldn't, either. Nobody is making you or I.